Correction to China New Homes Prices Article on Saturday

TODAY: March 1, 2015 PUB DATE: March 1, 2015

On an annual basis, average new-home prices fell 3.8% in February. "China New-Home Prices Fall in February Vs. January," at 1042 GMT and 1046 GMT, incorrectly stated the figure was for January in the third paragraph. (END) Dow Jones Newswires ...

U.S. Oil Prices Rise Off Multiyear Lows

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Nicole Friedman NEW YORK--Oil prices rallied Wednesday as traders closed out positions following a dramatic plunge in prices in recent months. Light, sweet crude for January delivery recently rose $2.12, or 3.8%, to $58.05 a barrel on the New ...

U.S. Stocks Rally on Robust Retail Sales

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Corrie Driebusch U.S. stocks rallied on Thursday after data showed that retail sales posted the biggest jump in eight months in November. The Dow Jones Industrial Average climbed 213 points, or 1.2%, to 17746. The S&P; 500 added 27 ...

South Korea's Exports Fall 3.4% in February

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Kwanwoo Jun SEOUL--South Korea's exports fell more sharply than expected in February as the Lunar New Year holidays reduced working days, data showed Sunday. Exports declined 3.4% from a year earlier to $41.46 billion, following a revised 0.7% drop ...

South Korea Exports Fall 3.4% in February--Update

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Kwanwoo Jun SEOUL--South Korea's exports fell more sharply than expected in February as fewer working days and lower oil prices contributed to the largest fall in the country's shipments overseas in two years, data showed Sunday. Exports declined 3.4% ...

BBVA Increases Stake in Turkiye Garanti Bankasi -- Update

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Jeannette Neumann in Madrid And Yeliz Candemir in Istanbul Banco Bilbao Vizcaya Argentaria SA said Wednesday it will pay EUR1.99 billion ($2.49 billion) to acquire additional shares in Turkey's largest lender by market value, in a bid to bolster ...

Repsol to Buy Talisman Energy for $8.3 Billion --Update

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Christopher Bjork MADRID-- Repsol SA reached an agreement with Talisman Energy Inc. to acquire the Canadian company for US$8.3 billion, a deal that nearly doubles the Spanish company's oil output right away and boosts its potential for further expansion. ...

Ruble Hits Fresh Record Lows --Update

TODAY: March 1, 2015 PUB DATE: March 1, 2015

By Andrey Ostroukh MOSCOW--The Russian ruble hit fresh record lows early Friday, pressured by a further drop in oil prices and the country's sluggish economic outlook. The new rout in the ruble comes the day after the central bank showed ...

China Official Nonmanufacturing PMI 53.9 in Feb Vs. 53.7 in Jan

TODAY: March 1, 2015 PUB DATE: March 1, 2015

BEIJING--China's official nonmanufacturing Purchasing Managers' Index, a gauge of activity outside factory floors, ticked up to 53.9 in February from 53.7 in January, the China Federation of Logistics and Purchasing said on Sunday. A reading above 50 indicates expansion while ...

China's Official Manufacturing PMI Edges Up in February

TODAY: March 1, 2015 PUB DATE: March 1, 2015

BEIJING--An official gauge of China's manufacturing sector edged up in February but remained in contractionary territory for a second month in a row, official data showed. China's official manufacturing Purchasing Managers Index rose slightly to 49.9 in February from 49.8 ...

China New-Home Prices Fall in February Vs. January -- Update

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Esther Fung SHANGHAI--China new-home prices fell in February compared with the month before, reversing gains recorded in January as demand for homes decline during the Lunar New Year holiday, which is a seasonally slow period for sales. Sequentially, average ...

India Budget Focuses on Infrastructure

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Anant Vijay Kala NEW DELHI-India's government said Saturday that it would increase spending on infrastructure to help accelerate economic growth but the higher spending would mean it will take one more year to achieve its medium-term fiscal deficit target. ...

Fed's Yellen Meets With Conservative Activists

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Pedro Nicolaci da Costa A group of conservative activists worried the Federal Reserve has left interest rates too low for too long voiced their concerns directly to Janet Yellen, the central bank's chairwoman, during a meeting Friday. Ms. Yellen ...

India's Budget Focuses on Infrastructure -- Update

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Anant Vijay Kala And Rajesh Roy NEW DELHI--India's government said Saturday that it would delay deficit-reduction plans to increase spending on infrastructure to help accelerate growth in Asia's third-largest economy. Finance Minister Arun Jaitley, presenting the national budget in ...

India Budget Plan Shuns Major Revamp

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Raymond Zhong And Niharika Mandhana NEW DELHI--Investors' hopes that Indian Prime Minister Narendra Modi will radically reshape economic policies and supercharge growth might soon need re-examining. On Saturday, Mr. Modi's government pledged greater spending to upgrade infrastructure and said ...

After Yellen's Congressional Turn, Fed Officials Beat the Rate-Hike Drum

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Michael S. Derby Federal Reserve officials fanned out to drive home the message that they are likely to start raising short-term interest rates later this year, reinforcing Chairwoman Janet Yellen's remarks to Congress during this past week. Several central-bank ...

China New-Home Prices Fall in February Vs. January

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Esther Fung SHANGHAI--China new-home prices fell in February compared with the month before, reversing gains recorded in January as demand for homes decline during the Lunar New Year holiday, which is a seasonally slow period for sales. Sequentially, average ...

Berkshire's Vice Chairman Offers Hint of Warren Buffett Successor

TODAY: March 1, 2015 PUB DATE: Feb. 28, 2015

By Anupreeta Das Berkshire Hathaway Inc. Vice Chairman Charlie Munger dropped the biggest hint yet that the conglomerate's future chief executive could either be Ajit Jain, the head of its reinsurance business, or Greg Abel, who runs its energy business. ...